Robex Resources Inc.

Robex Resources Inc.

October 20, 2008 10:07 ET

Complete turnover on the Board of Directors - Businessman Rolland Veilleux now in command

QUEBEC, QUEBEC--(Marketwire – Oct. 20, 2008) - Robex Resources inc. (TSX-V: RBX) is pleased to announce a complete new Board of Directors. Five dynamics businessmen will join, including Rolland Veilleux, the new Chairman of the Board.

This new management is part of a major strategic development program that will now be executed under the new direction. Mr Veilleux, a well known industrial and new chairman of the board, is extremely confident about Robex's Mali properties. "I am delighted to be part of this new team and fully confident to rapidly develop the Malian properties potential". New Board members intend to create a new dynamism within Robex.

New administrators:

Roland Veilleux
CEO, Chairman and Director, Robex Resources inc.

Mr Veilleux is a well established businessman, managing more than 27 companies, among others RGR Sports gears, Jeans Lois Canada and Drolet Stoves, generating an annual income of more than $200 millions CDN.

Peter J.Hawley, BSc, PGeo
Scorpio mining corporation
CEO, Chairman and Director

Mr Hawley is a geologist cumulating more than 25 years of experience in the mining business, including exploration, development and production. He acted as consultant with several major mining companies, including Teck Corp, Noranda Inc, Placer Dome and Barrick Gold Corp. Mr Hawley is well experimented in corporate financing, both public and private, as well as corporate administration.

André Gagné
President Consult'Art

Mr Gagné founded Consult'Art in 1995 and he is a show business promoter and producer. He is also owner of 'Woodstock en Beauce' a major Quebec annual musical festival and a former radio station owner in Sherbrooke.

Claude Goulet
Corporation Immobilière Cagim inc.

Mr Goulet is a financial advisor at Manulife Bank. A banker for more than 25 years, he brings to the board a 25 years financial banking experience and expertise.

Gabriel Alarie

Mr Alarie is a result driven manager with more than 12 years of experience in business and organisational development. He founded and managed the Montreal Wood Store company from 1995 to 2006. Mr Marcel Bédard is no longer on the Board of Directors but will remain available as long as necessary to facilitate a successful turnover.

Robex is:

  • 3 properties in South Mali, including Mininko:
  • Gold resources in Mali of 760,000 ounces inferred, 43-101 certified (see News release July 13, 2007)
  • 7 properties in West Mali, including an important gold discovery at Wili-Wili
  • 3 advanced stage permits located in the vicinity or along the structure of world-class gold mines
  • N'Golopene located close to Syama mine in South Mali - 6M oz @ 3 g/t Au

For the Board of Directors:
Rolland Veilleux
Chairman of the Board and CEO Robex Resources Inc.

The TSX Venture does not accept responsibility for the accuracy of this release.
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